Inflation hitting family's at home

Columbus OH

Description

Biden and the Democrats screw the little guy again: Grocery store costs up as inflation drives up food prices In America for several decades, it is surely Democrats tricking people into believing they’re on the side of the little guy. President Joe Biden touts his proposal for another $5.5 trillion of welfare spending, saying it’s “an ambitious plan to create jobs, cut taxes, and lower costs for working families — all paid for by making the tax code fairer and making the wealthiest and large corporations pay their fair share.” The White House website makes the president seem like Robin Hood taking from the rich to give to the poor. The tiresomely repeated claim that the president’s plan would increase taxes only on people earning more than $400,000 is false.... It is already dipping deeper into the pockets of everyone in this country, right down to those living below the poverty line. Here’s how. By handing out unnecessary federal checks, supposedly to stimulate the economy, and by pressing for the biggest increase in further spending in history, ***Biden is stoking inflation. Because of him, more and more dollars are chasing goods that are in shortening supply in part because there are a record 10 million job vacancies nationwide. Prices are rising faster than wages, As many economists — for example, Thomas Sowell — have pointed out, inflation is essentially a tax and one that falls disproportionately on the poor. Federal taxes take buying power out of everyone’s pocket and put it into the Treasury to pay for welfare programs. Inflation, likewise, takes buying power out of your pocket to pay for federal spending. What’s the difference? Only that that former is official and the latter stealthy. But both intentionally do the same thing. Inflation is the most regressive tax of all PLEASE WAKE UP AND SEE WHAT THE LOONY LIBERALS ARE DOING TO THIS COUNTRY